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Technology Stocks : Adaptec (ADPT) -- Ignore unavailable to you. Want to Upgrade?

To: Johnathan C. Doe who wrote (1708)	4/20/1998 2:39:00 PM
From: Dr. Johannes Bruski	Read Replies (2) \| Respond to of 5944

Jonathan, I agree with virtually everything you said. Adaptec has been unduly hit by an overreaction to bad news and adverse circumstances. It would appear to me, though, that reasonable prospects for earnings growth, at a sound net profit margin, still exist (and may even improve in the near or medium-term future). As the stock maintained its bottom at about 19 (at a very low P/E, giving todays interest rate environment, at least in my view), that may have been the optimal buying point, at least for those with a longer time horizon. I would welcome if some of those more experienced in chart analysis than I am could give their opinion, in particular with a view to the latest development of the stock price. Sincerely, Johannes Bruski